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Showing 11 - 20 of 1940 results for "industry super"

ME Bank fined $820k for misleading borrowers

CHLOE WALKER  |  MONDAY, 22 JAN 2024
... convictions," Mullaly said. Impacted customers have been remediated. ME Bank, which had been owned by a group of industry super funds since 1994, became a subsidiary of Bank of Queensland (BOQ) in 2021.

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
... Information last year, super funds owned 38% of the market capitalisation of Australian equities as of June 202 2. Industry super funds had invested 18% of their members' assets in Australian stocks, while retail funds had allocated 28%, representing ...

Industry funds gear up for brand transformation post-merger

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
... saying "the two funds share a strong heritage of "member first values" as historically important profit to member industry super funds."

Payday super timing, deliberate: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 5 DEC 2023
... between 2020 and 2021. In response, the government will require super be paid on payday, effective 1 July 2026. Industry Super Australia (ISA) has predicted that the amendment will benefit millions of Australians' retirement incomes and that the ...

Payday super protects most vulnerable: SMC

CHLOE WALKER  |  MONDAY, 4 DEC 2023
... super giving more Australians a dignified retirement." Launched in October, the SMC was formed after the merger of Industry Super Australia (ISA) and the Australian Institute of Superannuation Trustees (AIST). SMC comprises eight foundation funds, being ...

Super Members Council names chief executive

ANDREW MCKEAN  |  TUESDAY, 21 NOV 2023
... in late February, expressed that it was a great honour to lead the council, which was formed after the merger of Industry Super Australia (ISA) and the Australian Institute of Superannuation Trustees (AIST). "This is a great responsibility and opportunity ...

MLC Life names operations, people chiefs

KARREN VERGARA  |  TUESDAY, 31 OCT 2023
... as super funds, trustees and their members." Griffin added that Miller joining from one of Australia's largest industry super funds means her experience in developing a people and culture strategy that delivers the organisational capability through which ...

ISPT hires development lead, offloads asset

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
Industry Super Property Trust (ISPT) has appointed to the newly created position of head of development - commercial, industrial, retail and mixed use. At the same time, it's sold a retail asset for $145 million. Tom Waters has joined in the new role ...

ISPT to offload retail, office properties

JAMIE WILLIAMSON  |  MONDAY, 16 OCT 2023
Following a strategic review, Industry Super Property Trust (ISPT) is selling five assets, including Melbourne's GPO and a Sydney office building. An assessment of ISPT's $17.7 billion Core Fund identified five assets that do not align "with ...

Meat industry super fund rebrands

KARREN VERGARA  |  MONDAY, 9 OCT 2023
Industry fund AMIST Super will be known as Australian Food Super from today as it sets out to expand its membership base. Australian Food Super chief executive Murray Rutherford said the super fund, which has its heritage in the meat industry, is broadening ...